That’s the sound of relief that probably came from President Trump when the Labor Department announced on Friday that 222,000 new jobs were created in June.

That not only topped experts’ predictions of 178,000 new jobs — and handily beat the average gains in recent months — but also brought the average monthly job gains in the second quarter to a very respectable 194,000.

As I said in Thursday’s column, none of the monthly employment reports — whether good or bad — should be taken as gospel, because they are based on many Labor guesstimates. And the reports are all subject to sharp revisions in the months and years ahead.

Even the economists at Labor who put these reports together would prefer that Wall Street, the media and politicians wait before drawing conclusions. But of course nobody waits.

So this is what you get: In April, after it was originally reported that 211,000 new jobs were created, that total was revised down to 174,000 (OMG! Disaster!) before its final revision, on Friday, to 207,000 (Disaster averted!!).

Just a month ago, with March’s pathetic 50,000 new jobs in the three-month average, the trend line stood at 121,000. Good riddance, March!

Labor’s June employment report also had these nuggets:

The unemployment rate ticked up to 4.4 percent from 4.3 percent, which was a 16-year low — the result of more people coming off the sidelines to start to look for a job.

The average workweek increased to 34.5 hours from 34.4 hours in May, and average hourly earnings rose a less-than-expected 4 cents, or 0.2 percent, to $25.25, after rising 0.1 percent in May.

Manufacturing jobs increased by 1,000 after falling by 2,000 in May.

“Once again, the buzz kill on the jobs report is the lack of more substantial wage growth,” said Mark Hamrick, Bankrate.com’s senior economic analyst.

Wall Street basically shrugged at the jobs report — and kept on rising. The Dow Jones industrial average was up 95 points in mid-afternoon trading, while the S&P 500 was ahead 16-plus points, to 2,426.

While the average American — and certainly Trump’s supporters — were happy with the latest employment report, Wall Street sees these things a little differently. Rising interest rates will draw money away from the stock market and cause prices to decline.

The Federal Reserve now can — and will — point to the 194,000 average job gain over the past three months as a reason to raise interest rates some more — possibly in December.

The Fed’s thinking works this way: Point to the things in favor of raising rates and ignore the factors that argue against hikes.

So the Fed will turn a blind eye to slow wage growth and the weak GDP (along with a lot of other weak economic data) when it argues next time about interest rate hikes.

That’s pretty much what President Trump — and all presidents before him — have done. As the song goes: “Accentuate the positive, eliminate the negative.”

There is another benefit for Trump.

The June employment report takes a big load off his mind, and he can now spend more time worrying about North Korea, the G20 meeting, potential terrorist threats in the US, the investigation into Russian meddling in the election, his fight with the media … and on … and on.